Tajikistan Insurance Industry Governance, Risk and Compliance Report 2024


Dublin, April 22, 2024 (GLOBE NEWSWIRE) -- The "Tajikistan Insurance Industry - Governance, Risk and Compliance" report has been added to ResearchAndMarkets.com's offering.

The report provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.

The report brings together the research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.

The report provides insights into the governance, risk, and compliance framework pertaining to the insurance industry in Tajikistan, including

  • An overview of the insurance regulatory framework in Tajikistan.
  • The latest key changes, and changes expected in the country's insurance regulatory framework.
  • Key regulations and market practices related to different types of insurance product in the country.
  • Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in the country.
  • Key parameters including licensing requirements permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations.
  • Details of the tax and legal systems in the country.

Key Highlights

  • The Tajikistan insurance industry is regulated by the National Bank of Tajikistan (NBT).
  • The existing legislation governing the insurance industry of Tajikistan does not contain provisions pertaining to solvency margin regulation for insurance companies.
  • 100% foreign direct investment (FDI) is permitted in the Tajikistan insurance industry.
  • Non-admitted insurance is not permitted in Tajikistan. However, non-admitted reinsurance is permitted.
  • Motor third-party liability insurance, aviation liability insurance, health insurance, social security (state scheme) are compulsory in Tajikistan.

Key Topics Covered:

  • Legislation Overview
  • Supervision and Control
  • Legislation
  • Compulsory Insurance
  • Non-Admitted Insurance Regulations
  • Company Registration and Operation
  • License
  • Foreign Direct Investment / Ownership
  • Minimum Capital Requirements
  • Solvency Margins
  • Reserve Requirements
  • Statutory Return Requirements
  • Fee Structure
  • Taxation
  • Tax on Insurance Premium
  • Corporate Income Tax
  • Corporate Capital Gains Tax
  • Value Added Tax
  • Legal System
  • Policy Practice

For more information about this report visit https://www.researchandmarkets.com/r/rczeno

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